04.01.2018 Views

AviTrader MRO Magazine 2017-08

AviTrader MRO Magazine 2017-08

AviTrader MRO Magazine 2017-08

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Industry Interview<br />

20<br />

In the hot seat.....<br />

Jeff Lund, President and CEO, Kellstrom Aerospace<br />

<strong>AviTrader</strong> <strong>MRO</strong>: Can you tell us a bit<br />

about Kellstrom Aerospace and how the<br />

company came to be?<br />

Lund: Kellstrom Aerospace’s operating history<br />

dates back to the 1970s. In 2013, Kellstrom<br />

Commercial Aerospace acquired Air-<br />

Liance Materials, becoming what is formerally<br />

known as Kellstrom Materials. Kellstrom was<br />

then acquired by AE Industrial Partners in<br />

2015 with the goal of becoming a full-service<br />

aftermarket solutions provider to airlines,<br />

<strong>MRO</strong>s, and the aircraft lessor community.<br />

Over the last two years, Kellstrom has expanded<br />

its capabilities and product offerings to further<br />

support its customer base as a full-service<br />

provider to the commercial aftermarket. With<br />

further acquisitions of Transaero Commercial<br />

Distribution (2016), The Aircraft Group (2016)<br />

and now Vortex Aviation (<strong>2017</strong>), the growth<br />

of Kellstrom was continuing. Kellstrom Materials<br />

was rebranded to Kellstrom Aerospace<br />

in April <strong>2017</strong>, to represent to airlines, leasing<br />

companies and <strong>MRO</strong>s around the world<br />

that Kellstrom Aerospace signifies full service<br />

aftermarket solutions, from supporting new<br />

aircraft inductions to end-of-life solutions.<br />

<strong>AviTrader</strong> <strong>MRO</strong>: In June, Kellstrom acquired<br />

Vortex Aviation, what necessitated this<br />

move?<br />

Lund: The acquisition of Vortex Aviation<br />

plays a key role in connecting the synergies<br />

of our new technical services division: Kellstrom<br />

Aerospace Technical Services (KATS).<br />

With Vortex’s specialisation in on-wing support<br />

services and quick-turn hospital shop<br />

repairs, paired with the aircraft portfolio<br />

maintenance and records management of<br />

The Aircraft Group and expertise of endof-life<br />

assets of Kellstrom Aerospace, KATS<br />

offers a complete 100% technical services<br />

capability for the entire aircraft. This acquisition<br />

strengthens Kellstrom Aerospace as the<br />

global leader in aircraft lifecycle solutions<br />

and builds upon our diverse portfolio aimed<br />

at reducing aircraft operational costs and<br />

better end of life solutions.<br />

<strong>AviTrader</strong> <strong>MRO</strong>: How will aircraft operators<br />

and <strong>MRO</strong>s benefit from your acquisition of<br />

Vortex?<br />

Lund: With the addition of Vortex Aviation to<br />

Kellstrom Aerospace Group’s portfolio, lessors,<br />

owners and operators of aircraft and<br />

engines will maximise time on wing, reduce<br />

the cost of maintenance, and receive optimum<br />

end of life solutions for assets upon<br />

retirement. The broader market reach Vortex<br />

Aviation brings to Kellstrom Aerospace will<br />

also benefit our OEM distribution partners,<br />

as we expand our geographical footprint<br />

and customer base.<br />

Aircraft operators, lessors and <strong>MRO</strong>s will<br />

further benefit from Vortex’s alignment with<br />

The Aircraft Group as part of the KATS programme.<br />

Through their patented records<br />

management system, The Aircraft Group is<br />

able to enhance the value of any portfolio<br />

through active fleet management. By pairing<br />

the synergies of The Aircraft Group and<br />

Vortex, Kellstrom is able to provide a team<br />

of industry specialists to effectively provide<br />

technical and consultancy services resulting<br />

in flexibility to operators as they transition<br />

to newer aircraft, economic optimisation of<br />

mature assets, technical and commercial<br />

services to extend operational life, and exit<br />

strategies upon retirement.<br />

Jeff Lund, President and CEO.<br />

All photos: Kellstrom Aerospace<br />

<strong>AviTrader</strong> <strong>MRO</strong>: Will Vortex Aviation keep<br />

its brand identity?<br />

Lund: Yes, Vortex Aviation will continue to<br />

operate under their current trademark. The<br />

brand that Vortex has achieved throughout<br />

their operating history is strong in the industry<br />

and recognised as knowledgeable and reliable,<br />

and will continue to operate as such.<br />

<strong>AviTrader</strong> <strong>MRO</strong>: Are there any details on<br />

the financial aspect of the acquisition or<br />

how much investment is going into Vortex?<br />

Lund: We will not be releasing financil information<br />

about the acquisition.<br />

The business includes new OEM aircraft parts distribution.<br />

<strong>AviTrader</strong> <strong>MRO</strong> - August <strong>2017</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!